Go back a year, and offshore drillers like Noble (NE), Rowan (RDC), Transocean (RIG) and Atwood Oceanics (ATW) had been all but written off–until they weren’t anymore. Since then, investors have been rewarded for picking winners in the group from the losers, as Atwood Oceanics has more than doubled, Transocean has gained 34%, and Rowan has risen 42%, while Noble and Diamond Offshore....More>>>
I like to allocate anywhere between 5-15% of my portfolio to lottery stocks. Usually they are cyclical or have a lot of leverage. And most of the time there is some sort of catalyst that will unlock value on the horizon. I would not advice large positions in any of these stocks. It is also best not to spend large amounts of time analyzing them as they will be small positions and are depending on....More>>>
FB data by YCharts
Despite Facebook’s (FB) choppy recent performance, I like the company and the stock. Facebook has faced challenges recently, in the form of Russian election interference and the subsequent changes Facebook has made leading to a decline in U.S. and Canadian users.
Facebook is focused on the long term and is not just trying to maximize short-term profits or....More>>>
Philippine President Rodrigo Duterte said he’s scrapping the acquisition of 16 Canadian Bell helicopters and pledged to end military purchases from countries including the U.S. that impose conditions.
“Do not buy anymore from Canada or from the United States because there is always a condition attached,” Duterte told reporters in Davao City on Friday. He announced the....More>>>
Bank of Nova Scotia’s focus on international banking is paying off.
The Canadian lender, which has operations in about 50 countries, earned a record C$725 million ($571 million) from overseas businesses in the fiscal first quarter, up 14 percent from a year earlier. Those contributions, along with gains in Canadian banking, helped it post total profit that beat analysts estimates.
President Trump took credit Tuesday for “the safest year on record” for U.S. air travel, touting zero deaths in 2017. But there actually haven’t been any deaths on a U.S. passenger airline in nearly nine years.
Still, the president took credit for the safety record in a tweet.
“Since taking office I have been very strict on Commercial Aviation. Good news....More>>>
April 11, 2018: Markets opened lower Wednesday and the blue chippers spent the entire day trading in the red. The tech-heavy Nasdaq popped in to the green for much of the day but was losing ground in the last hour and the S&P 500 was also trading down. Trump’s comments related to missiles raining down on Syria made for a subdued start to the day while the CPI report was not strong enough....More>>>
Canada is ready to play hard ball with President Trump.
Canadian leaders are pushing back after the Trump administration slapped 20% tariffs Monday night on Canadian lumber, along with individual tariffs on five specific firms that ranged from 3% to 24%.
“When it comes to defending Canada’s economic interests, we’re going to play hard,” Canada’s Foreign....More>>>
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Related Discussing Snoop Dogg's....More>>>
It’s official: Valeant Pharmaceuticals International (VRX) plunged 51.5% to $33.51 today, its lowest close since Jan. 5, 2011. To put that in perspective, the company is now valued at $11.4 billion, down from $23.6 billion yesterday. Ouch.
Ryan Remiorz/The Canadian Press via Associated Press
Citigroup credit analysts Murali Ganti and team write that Valeant’s “dismal....More>>>